Bitcoin

The Wall Street-based crypto company Prometheum is making headlines after its CEO and co-founder Aaron Kaplan <a href="https://financialservices.house.gov/calendar/eventsingle.aspx?EventID&#61;408851" rel="noopener noreferrer nofollow">appeared </a>at a hearing before the United States House Committee advocating for the regulation of cryptocurrency within the existing securities laws, which aligns with the perspective of the Securities and Exchange Commission (SEC).After Kaplan&#39;s statements, doubts emerged within the community, leading to questions about Prometheum&#39;s motivations for supporting the U.S. SEC and its perspectives. Notably, Adam Cochran, an investor at Cinneamhain Ventures renowned for his viral Twitter threads, took advantage of the buzz to publish an exposé on Prometheum.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8f51accbd6d14ae282eb4715cd7509b9.png" />Adam Cochran unraveled what could have led to the subsidiaries of Prometheum receiving registrations with the SEC and approvals from the Financial Industry Regulatory Authority (FINRA). Cochran proclaimed in his thread how several of the Prometheum team members have previously worked with the SEC/FINRA.Read full article at <a href="https://cryptotale.org/prometheum-faces-scrutiny-for-its-pro-sec-stance-in-house-hearing/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Prometheum Faces Scrutiny for its Pro-SEC Stance in House Hearing

CryptoTale

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